’50 Shades of Grey’ Seattle unit building red hot!

August 17, 2014 - Fifty Shades of Grey

The Fifty Shades of Grey movie, blending from E L James' best-selling amorous novel, will steam adult theaters on Feb 13, 2015. Courtesy Focus Features.

The “Fifty Shades of Greymovie, blending from E L James’ best-selling amorous novel, will steam adult theaters on Feb 13, 2015. Courtesy Focus Features.

NEW YORK (CNNMoney) — The “Fifty Shades of Greybooks have done British author E.L. James really rich. They have also done a certain Seattle section building red hot.

Ever given a trailer for a “Fifty Shades of Greyfilm came out final month, Erik Mehr’s phone has been toll a lot.

Mehr is a genuine estate attorney for a “Fifty Shades apartment.”

Yes, a upscale section building in Seattle where illusory billionaire Christian Grey lives — and does lots of eccentric things — indeed exists. It’s called Escala.

It’s overwhelmingly women ages 19 to 50 that call Mehr’s firm, vagrant to spend a night or dual in a famous penthouse or, during least, get their print somewhere in a building.

“Our stupid phone calls have peaked again where people wish to lease a room,” Mehr told CNNMoney. “I don’t consider they comprehend that this is a condominium building that residents live in and there is no red room.”

E.L. James listened about Escala, that was finished in 2009, and wove it into her story, nonetheless she did take a series of liberties. For example, there isn’t a helicopter alighting pad on a roof.

Escala had to boost a confidence measures given a book came out in 2012 and fans became a small too fervent to get tighten to “the apartment.”

The many costly penthouse during Escala doesn’t have a red room. A family from Oregon bought it in 2013 for $6.2 million.

But a building does have some famous people with ties to a building. Escala has had as many as 3 Major League Baseball players as residents. San Francisco Giants pitcher Tim Lincecum owned one of a “sub penthouses,” though he sole it progressing this year.

While a “Fifty Shades” trilogy and film have caused some headaches for Escala residents, there have also been perks.

E.L. James gave a private book signing to building residents, according to Mehr, and a film organisation took shots of Escala’s extraneous (with a owners’ consent) that are expected to seem in a movie.

But a biggest advantage of all has been a skyrocketing home values given a book’s release.

According to genuine estate website Zillow, a median sales cost for a Seattle condo has risen about 10% given 2010. The median sales cost for Escala apartments, however, have surged over 75%.

Only 6 apartments sojourn unsold in a building. Most are going for around a million.

Still, Mehr attributes a unusual arise some-more to a improving economy and Seattle’s rising recognition than a book.

“Most of a section owners are like we might design — they’re business people or a bit older, so a book wasn’t on their radar,” says Mehr. “For a many part, they would rather downplay where they live.”

But it’s important that most of a cost burst occurred given a initial “Fifty Shades of Greybook came out in a open of 2012. The median sale cost rose 62% given then, according to Zillow.

That’s a kind of economics cruel businessman Christian Grey would expected approve of.

source ⦿ http://q13fox.com/2014/08/17/50-shades-of-grey-seattle-apartment-building-red-hot/

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